This single question seems to be at the heart of both success and failure as a trader.

I'm curious as to what others use as their measuring rod for success. Is it accuracy, net ROI per trade, a positive MFE/MAE ratio, not getting stopped out, leaving a certain % of pips on the table in each position held, etc. etc., etc. How do you define it?

When you look in the mirror in the morning and say to yourself: 'You know something, you are a successful trader," what does that mean exactly?

This single question seems to be at the heart of both success and failure as a trader.

I'm curious as to what others use as their measuring rod for success. Is it accuracy, net ROI per trade, a positive MFE/MAE ratio, not getting stopped out, leaving a certain % of pips on the table in each position held, etc. etc., etc. How do you define it?

When you look in the mirror in the morning and say to yourself: 'You know something, you are a successful trader," what does that mean exactly?

Define: Successful Trader.

Success in forex isn't an easy thing to achieve. A successful trader for me is the one that worked hard for years and now is able to earn profit more than losing money. A successful trader isn't greedy and can control his/her emotions during trading.

This single question seems to be at the heart of both success and failure as a trader.

I'm curious as to what others use as their measuring rod for success. Is it accuracy, net ROI per trade, a positive MFE/MAE ratio, not getting stopped out, leaving a certain % of pips on the table in each position held, etc. etc., etc. How do you define it?

When you look in the mirror in the morning and say to yourself: 'You know something, you are a successful trader," what does that mean exactly?

Define: Successful Trader.

A successful trader has no reason to stop trading, that's my point of view

I suppose for many it'd just being "taking a profit", or "taking a profit as I continue to learn and craft my trading system". I think you have the right idea, though, that people will constitute different personal definitions for themselves, deciding when they feel they are "successful" at trading.

I suppose for many it'd just being "taking a profit", or "taking a profit as I continue to learn and craft my trading system". I think you have the right idea, though, that people will constitute different personal definitions for themselves, deciding when they feel they are "successful" at trading.

Hmmm you got a point...how about you spiderweb? Do you consider yourself to be a successful trader right now? What are the obstacles you've conquered during your trade?

Success lies beneath the trader who really have the ability to read the market. I don't know about others but when it comes to trading I try to keep my losses small and profits more, as it keeps on motivating and boosting up my morale.

This single question seems to be at the heart of both success and failure as a trader.

I'm curious as to what others use as their measuring rod for success. Is it accuracy, net ROI per trade, a positive MFE/MAE ratio, not getting stopped out, leaving a certain % of pips on the table in each position held, etc. etc., etc. How do you define it?

When you look in the mirror in the morning and say to yourself: 'You know something, you are a successful trader," what does that mean exactly?

Define: Successful Trader.

A successful trade can easily be defines, it means if you already gained profit and if you did not lose from the trading you did. If you want to continue being a successful trader, you must know the strategy and the things you did why you succeed and apply it on your next trading.

Everyone has different agendas or goals, depends on the cycle of skill and years of trading I would think. But when I wake up in morning, to me, I am concentrating on not having a losing trade. By keeping my losing percentages extremely low, I have many more options like averaging down on each trade, so that on breakeven trades, I have made money. Most think it is getting in at perfect places is the answer, but reading the chart after that is where the profits are.